The group said there's "no reasonable chance" conditions will be met by a June 13 deadline
Barclays analyst predicts Winnipeg-based insurer will deploy capital to strategic growth avenues
Commission structures, account transfer standards and dual registration are all in the works
Proceeds of $1.34-billion deal will pay down debt
No one-size-fits-all solution to protect investors from shell-company risks
Management group no longer ruling out individual asset sales
Termination of First Horizon deal raises questions about banks and regulators alike
Richardson Wealth parent firm posted $5.3-million net loss in first quarter
The cancellation of the transaction comes amid upheaval in the U.S. banking sector
Deal activity settling at lower level, post-pandemic, Crosbie & Co. reports